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  • Cabela's Inc. Announces Passing of Richard N. Cabela, Co-Founder and Chairman Emeritus

    BUSINESS WIRE|Feb 17, 2014

    SIDNEY (BUSINESS WIRE) – Cabela’s Incorporated (NYSE:CAB) announced that Richard N. Cabela, Co-Founder and Chairman Emeritus, passed away today at his home in Sidney. He was 77. Dick, along with his wife, Mary, and brother, Jim, founded Cabela’s somewhat inadvertently in 1961 when he purchased $45 worth of hand-tied fishing flies while in Chicago on a furniture and housewares buying trip with his father for the family’s Chappell, Neb., furniture store. With the flies not moving off the store shelf, Dick came upon the idea of selling them th...